The passage of historic tax reform showed we can accomplish big things to improve our economy for manufacturing workers and all Americans. Manufacturers are ready to seize other opportunities, including passing a major infrastructure package, to transform our nation’s future for the better.
Manufacturers continue to advance an infrastructure initiative to support a substantial investment in and modernization of the nation’s infrastructure. On January 8, National Association of Manufacturers (NAM) President and CEO Jay Timmons urged the president to address infrastructure now. Read his letter here.
Led by the NAM, the Infrastructure Working Group united almost 120 manufacturing, construction, agriculture and finance trade associations, labor unions and local government groups in signing a letter urging the House and Senate to work together to pass a bipartisan bill that meets these six goals:
- Increases direct federal investments, in a broad range of infrastructure sectors over 10 years to achieve a $1 trillion investment
- Complements and strengthens existing tools, such as municipal bonds, that successfully deliver infrastructure investments at the federal, state and local levels
- Facilitates opportunities for private investment in U.S. infrastructure
- Creates efficiencies such as accelerating the federal permitting process
- Fixes chronic challenges and addresses reoccurring shortages in key federal infrastructure accounts, such as the Highway Trust Fund
- Encourages active participation among all levels of government and between the public and private sectors without shifting federal responsibilities because no single partner can deliver a well-functioning, national U.S. infrastructure network driven by a long-term vision and funding stability
The Infrastructure Working Group letter is available here.
Today, the House Problem Solvers Caucus united 24 Republicans and 24 Democrats behind key recommendations that could lay the groundwork for a bipartisan infrastructure bill. The NAM worked closely with the Problem Solvers Caucus Infrastructure Task Force to inform this proposal and advance manufacturers’ infrastructure priorities. Here is a link to the Problem Solvers’ report and a summary of the report.
Manufacturers eliminate waste at every step of the manufacturing process. However, manufacturers need an infrastructure system that can support on-time deliveries of raw materials and component parts. If the internet lapses, the power is down or water lines break, our manufacturing shop floors are paralyzed.
As Reps. John Katko (R-NY) and Elizabeth Esty (D-CT) said, “You can’t have a 21st-century economy with a 20th-century infrastructure.” Manufacturers agree. There are no excuses. Now is the time to act on upgrading our nation’s infrastructure.
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